After fierce bidding, Industrial Bank Tianjin Branch won the qualification of agent bank for Business Cards for administrative departments and public institutions of Tianjin City through Year 2005-2007.

Issued by agent bank and distributed to institutions, Business Card is a kind of credit card especially for employees of administrative departments and public institutions. Settlement by Business Card means settle daily public expenses by the card instead of by traditional means, such as cash and checks. The settlement covers gas, water and electricity payments, newspaper and magazine charges, business travel fares, training fees, meeting outlay, reception expenses and small-amount purchasing expenditures that are less than RMB 50,000. Consisting of functions that support both individuals and institutions, Business Cards are used for settlement and transfer of funds between institutions and individuals, and personal expenditure as well.

Industrial Bank Tianjin Branch will strengthen business cooperation with administrative departments and public institutions, providing more convenient bank settlements for employees with the institutions and enhance the influence of IB Credit Card in Tianjin .